Madhu Koda allowed to attend winter session of Parliament

Jharkhand high court today allowed former Jharkhand chief minister Madhu Koda to attend the winter session of Lok Sabha from November 7 to December 15.

Sanctioning Koda’s plea, Justice Pradeep Kumar directed the CBI and the state police to take appropriate steps in taking him to Delhi to attend the Lok Sabha which he represents from Singhbhum constituency.

Koda, who was arrested on November 30 last year and now in judicial custody, is facing money laundering charges to the tune of Rs2,500 crore.

The income-tax department, the Enforcement Directorate and the CBI are also investigating separately into the Koda scam that surfaced on October 31 last year during a countrywide search by IT/ED on the premises of Koda and his associates.

The investigators had allegedly found documents relating to illegal investments and hawala transactions to the tune of Rs2000 crore.

The ED had on October 9 last year filed an FIR against Koda and some of his former cabinet members and associates for allegedly accumulating wealth to the tune of Rs4000 crore.

Binod Sinha and his brother Vikas, said to be key associates of Koda, are also in judicial custody, so also Mumbai-based businessmen Manoj Punamia and Arvind Vyas, the alleged beneficiaries during the Koda regime.